Wushang Group Co.,Ltd.’s Net Profit Dropped 59.5% in 2022

Wushang Group Co.,Ltd. (武商集团股份有限公司) (000501.SZ) reported a net profit of 304.7 million yuan in 2022, down 59.5% year-on-year.

Meanwhile, the company posted 6.3 billion yuan in revenue, down 11.1% year-on-year.

At the end of the reporting period, it had 30.7 billion yuan in total assets and 19.9 billion yuan in total liabilities, with a liability-to-asset ratio of 64.8%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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